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Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

159 State

Rutland City, VT 05701

– beds
– baths
2,688 sqft
6,534 sqft lot
$128 per sqft
1890 build
– on site

RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.

Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

Last checked: Checking… • Last updated Mar 30, 2024 •

MLS# 4988212 —

The Building

Year Built:

1890
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Multi-Family
Roof:

Slate
Foundation:

Concrete, Stone
Total Stories:

2
Total Units:

4
Approx SqFt Total:

4032
Approx SqFt Total Finished:

2,688 Sqft
Approx SqFt Finished Above Grade:

2,688 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished AG Source:

Public Records
Approx SqFt Unfinished Below Grade:

1344
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished AG Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Unfinished
Basement Access Type:

Walk-up
Room 5 Type:

Leased

Location

Latitude:

43.608952926548184
Longitude:

-72.987755661376966

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

6,534 Sqft
Lot Acres:

0 Sqft
Zoning:

gateway business district
Driveway:

Gravel
Roads:

Paved, Public
Lot Features:

City Lot, Corner, Level, Sidewalks

Listing Agent

Contact info:

Taxes

Taxes TBD:

Unknown

Beds

Total 2 Bedroom Units:

3

Baths

Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

128.35
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Baseboard
Heat Fuel:

Oil
Fuel Company:

Keyser

Utilities

Utilities:

Cable - Available, Telephone Available
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public

The Community

Covenants:

Unknown

Parking

Parking:

Driveway

Extra Units

Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

2
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 4 Bedrooms:

2
Unit 4 Baths:

1
Unit 1 Info:

Range - Electric, Refrigerator
Unit 2 Info:

Range - Electric, Refrigerator
Unit 3 Info:

Range - Electric, Refrigerator
Unit 4 Info:

Range - Electric, Refrigerator

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Sale history

Date	Event	Source	Price	% Change
3/15/24 Mar 15, 2024	Listed / Active	PRIME_MLS	$345,000
12/28/23 Dec 28, 2023	Listed / Active	PRIME_MLS

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This multifamily located in Rutland, VT 05701 is currently for sale for $345,000. 159 State is a 2,688 square foot multifamily with – beds and – baths that has been on Estately for 42 days. This multifamily is in the attendance area of Rutland Intermediate School and Rutland Senior High School.

Listing Courtesy of: PRIME_MLS and Real Broker LLC.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.